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Please explain: 1. Detecting late payments in advance 2. Detecting late payments in advance 3. Maintaining customer relations 4.Improving the DSO How to explain this

Please explain: 1. Detecting late payments in advance 2. Detecting late payments in advance 3. Maintaining customer relations 4.Improving the DSO How to explain this three role of creditors in an organization. Please help me to explain one by one. After explanation, please help me to do conclusion. Thank you in advance.

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